The Katie McKinnon & Lois Kinney partnership has the following balances on June $30,2016$:

$($Click the icon to view the balances.$)$

McKinnonand Kinneyshare profits $3$:$1,$ respectively. McKinnonand Kinneydecide to liquidate the partnership. Journalize the sale of the non$-$cash assets for $$26,000$ the payment of the liabilities, and the payment to the partners. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

Journalize the sale of the non$-$cash assets for $$26,000.$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Whredit$],[2016],[$Jun$.30],[],[,,,7],[,,*,]]$

Data table